Indoor Harvest Corp (INQD)

[ccsykes]

I won't comment on current management's efforts, but I can comment on what happened 5 years ago. I positioned the Company to use the technology that it had developed and tested at Canopy Growth for a pharma effort under the Texas Compassionate Use Act. That included pivoting away from Vertical Farming, rolling up Alamo CBD and applying to produce under the Texas Compassionate Use Act and apply as a Federal Producer for R&D purposes. The Governor of Texas, Gregg Abbot however, moved the goal posts at the last minute on everyone and torpedoed what we were attempting to do. Shortly there after. But what really killed the Company was when Jeff Sessions rescinded the Cole Memo in 2018. Once that happened, it was impossible to find any quality investment. The only thing available was toxic convertible debt. In 2019 I informed the BOD that the Company was insolvent and it needed to be wound up. I didn't see the point in allowing the Toxic note holders to make a killing at the expense of common shareholders. If they were going to loose, everyone needed to loose. I didn't want to see anymore folks loose money. I was then forced out of the Company by the BOD... you can follow the story from there if you like.